Amends Federal law to establish a veterans' home loan guaranty limitation amount of $40,000,000,000 reduced by 4.3 percent for purposes of implementing any sequestration order issued by the President for FY 1986 calling for a reduction of such loan commitments.
Revises provisions concerning the treatment of certain administrative expenses of the veterans' home loan guaranty program with respect to appraisals performed after February 1, 1986, in connection with the liquidation of housing loans.
Introduced in Senate
Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
Referred to House Committee on Veterans' Affairs.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended).
Called up by House Under Suspension of Rules.
Considered by House Unfinished Business.
Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 398 - 0 (Record Vote No: 130).
Roll Call #130 (House)Passed House (Amended) by Yea-Nay Vote: 398 - 0 (Record Vote No: 130).
Roll Call #130 (House)Message on House action received in Senate and held at desk: House amendments to Senate bill.
Resolving differences -- Senate actions: Senate agreed to the House amendments by Voice Vote.
Senate agreed to the House amendments by Voice Vote.
Measure Signed in Senate.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 99-322.
Became Public Law No: 99-322.
Enacted as Public Law 99-322
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